Article about Xupes

I'm reading a article in a dutch newspaper about Xupes. They started a pop up store in one of our most famous warehouses in Amsterdam. The owner of Xupes, Joe McKenzie, is part dutch. He started the company 9 years ago by selling vintage cartiers. Because of the grow of the secondary market (22 billion in 2018) Xupes grew bigger and bigger. In 2018 Xupes sold 2000 items. Right now Xupes revenue is 16mln. They want to grow to 100 mln. They sold a paul newman daytona in 2018 for EUR 950.000 to a frenchman living in Portugal. Rolex is 40% of total sold watches. Xupes have 1200 watches in stock. The most expensive ones are the richard milles.

Quote McKenzie: "we never sold a franken or wrong watch".

Their offerings are usually top bracket model/condition, but then - let's just say - they never knowingly under-price their wares. I've never bought from them. Some connection maybe between those last two sentences...